Women’s Wear Daily
04.17.2014
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fashion-memopad

Memo Pad: What's the Delay?... Lost in the City... Stylish Man...

When will Janice Min sign a new deal with Wenner Media?

fashion-memopad/news
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Jann Wenner

Jann Wenner

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Most Recent Articles In Memo Pad
Most Recent Articles In Memo Pad
WHAT'S THE DELAY?: When will Janice Min sign a new deal with Wenner Media? It's been a month since the Us Weekly editor in chief's contract expired, but for those familiar with Jann Wenner's negotiating tactics, the delay isn't that surprising. Two years ago, Min let her contract expire, holding out for better perks for her staff, but she signed a deal worth $1.2 million annually a few weeks later. In 2003, Min's predecessor, Bonnie Fuller, also worked without a contract — reportedly never signing the three-year contract offered to her and subsequently leaving to join American Media Inc. as editorial director.

So what's the holdup this time? Sources close to Wenner speculate the editor could be holding out for more money. Some have said Wenner has offered her a deal worth as much as $2.5 million a year. Other observers speculate Min might be mulling offers worth even more from competitors in the celebrity weekly category or from major Internet companies eager to build up their media content. Min, meanwhile, has indicated she would like to stay at Us Weekly — if the right deal can be reached, that is. Calls to Min were not returned by press time. — Stephanie D. Smith

LOST IN THE CITY: Pity recently departed intern Katie Baker. Writing in [n]tern, the oddly named annual magazine produced by Condé Nast interns, she recalls being dispatched her first week to Long Island City to run an errand with her editor's corporate card. As fate (and chick lit) would have it, she went wildly off course and landed in both the Bronx and Harlem, where her wallet was stolen, editor's credit card included. There's more: In a twist omitted from the article, the magazine of Baker's employ, Jane, closed down from under her, sending her to Portfolio.

This year's [n]tern, spearheaded by the human resources department at Condé Nast — also WWD's corporate parent — is more properly a magazine than before, with diet, exercise and decorating tips; a feature on the challenges facing print media, and an interview with Gourmet editor in chief Ruth Reichl. It claims contributions from a third of this year's summer interns, most of whose paradigms of New York City and magazines seem to have been set by "Sex and the City" and "The Devil Wears Prada," earnestly recast in a cleaned-up Times Square — uptown pickpockets notwithstanding. There's a poll about where interns live showing "NYU/Union Square" slightly edging out number-two favorite Connecticut. That state's list of "places that stole our hearts (and our paychecks)" is dominated by Greenwich, where "from Rugby to Saks, you'll swear you're in SoHo." A fashion spread reminds interns that even upon return, "we can certainly bring the great style of the city — and Condé Nast — back home with us." Until next year. — Irin Carmon
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